The US Securities and Exchange Commission (SEC) has postponed its decision on the approval of an exchange-traded fund (ETF) holding Polkadot’s native token, as per regulatory filings. The deadline for a final ruling has been extended until June 11, following Nasdaq’s request to list Grayscale Polkadot Trust. This delay adds to the list of approximately 70 proposed ETFs awaiting SEC approval, including those holding altcoins, memecoins, and crypto-related financial derivatives. Asset managers are seeking approval for a variety of ETFs, from XRP, Litecoin, and Solana to Penguins, Doge, and more. Polkadot, a layer-1 blockchain network launched in 2020, has its native token DOT with a market capitalization of around $6.6 billion. Grayscale is also awaiting permission to list its own Polkadot ETF. Grayscale and other asset managers are pursuing regulatory clearance to launch altcoin ETFs, including Solana, Litecoin, XRP, Dogecoin, and Cardano. The growing interest in crypto investments is evidenced by a report showing that over 80% of institutional investors plan to increase their crypto allocations in 2025. However, analysts predict that demand for altcoin ETFs may be more limited compared to those holding major cryptocurrencies like Bitcoin and Ether. The push for ETFs reflects the trend of institutional investors embracing cryptocurrencies, with the potential to attract a broader investor base.